Day: July 29, 2011
35 articlesIncome Tax
Income Tax
For the levy of FBT, the application of s 115WC(2)(b) cannot be restricted only to the business relating to civil construction and it will cover the business activity of the assessee carried on
Income Tax
Income Tax
Depreciation on pre-operative expenses allocated to fixed assets is allowable under s 32 since expenses were incurred for setting up of fixed assets during the trial run
Income Tax
Income Tax
Only profit on the sale of the licence should be chargeable to tax under s 28(iiia) and not the profit which may come in the future on the sale of the licence
Finance
Finance
Lokpal Bill government’s top priority,will be introduced in Lok Sabha by 3rd August 2011
Income Tax
Income Tax
Income arising to foreign company by way of fees for technical services – Notified foreign company – EADS Deutschland GmbH, Germany notified u/s 10(6C) of The Income Tax Act
SEBI
SEBI
Sebi approves uniform customer identification process for investors in different segments
Finance
Finance
CBI arrests a DGM of NBCC in a bribery case
Custom Duty
Custom Duty
Amends Notification No. 36/2001 – Customs (N.T.), dated, the 3rd August, 2001 vide Notification No. 54/2011 – Customs (N. T.)
CA, CS, CMA
CA, CS, CMA
Announcements – Amendment in Council General Guidelines , 2008
CA, CS, CMA
CA, CS, CMA
ICAI Announces Definition of Relative in Chapter-IV of the Council General Guidelines, 2008
SEBI
SEBI
SEBI – Allocation of Government debt long term limits to FIIs – Circular No. CIR/IMD/FIIC/11/2011
Income Tax
Income Tax
Regarding DPC for promotion to the grade of Chief Commissioner of Income Tax (CCIT) in the CBDT, Department of Revenue
Custom Duty
Custom Duty
Comments, views and suggestions solicited on draft ‘Customs (Provisional Duty Assessment) Amendment Regulations, 2011’ latest by 13th August, 2011
Income Tax
Income Tax
